Marathon patent group, inc. (MARA)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Mar'12Oct'11
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss attributable to common stockholders

-3,517

-12,814

-31,333

-

-

-3,153

-3,450

-6,927

-3,069

-30

Adjustments to reconcile net loss to net cash used in operating activities:
Net income (loss)

-

-

-

-28,828

-16,939

-

-

-

-

-

Depreciation

923

2,003

26

4

7

6

3

0

-

-

Amortization of patents and website

71

66

1,824

7,453

10,825

5,522

1,038

-

-

-

Realized gain (loss) on sale of digital currencies

-36

152

-

-

-

-

-

-

-

-

Non-cash interest, discount, and financing costs

-

-

-

1,223

-

-

-

-

-

-

Loss on sale of companies

-

-

-2,610

0

-

-

-

-

-

-

Gain on debt extinguishment

-

-

-2,970

0

-1,416

-

-

-

-

-

Deferred tax asset

-

-

-

-12,437

7,618

1,774

-

-

-

-

Deferred tax liability

-

-

-

-1,044

-660

-

-

-

-

-

Gain on extinguishment of warrant liability

-

-

305

0

-

-

-

-

-

-

Gain on Fortress debt settlement

-

-

-11,940

-

-

-

-

-

-

-

Change in fair value of warrant liability

-26

-1,699

21,855

-

-

-

-

-

-

-

Change in fair value of mining payable

-507

-

-

-

-

-

-

-

-

-

Change in warrant liability

-

-

-

0

-

-

-

-

-

-

Impairment of intangible assets

-

-

2,475

11,958

5,793

-

-

-

-

-

Goodwill impairment

-

-

228

4,336

0

-

0

-

-

-

Impairment of mining equipment

-

2,222

-

-

-

-

-

-

-

-

Non-cash interest, discount, and financing costs

-

-

-

-

2,220

-

-

-

-

-

Impairment of mineral rights

-

-

-

-

-

-

-

1,256

99

-

Impairment of leasehold improvements

447

-

-

-

-

-

-

30

-

-

Amortization of patents and website

-

-

-

-

-

-

-

8

-

-

Amortization of expenses connected to equity to be issued for services

-

-

-

-

-

-

-

0

-

-

Impairment of intangible assets

-

-

-

-

-

2,144

-

-

-

-

Stock based compensation

933

1,425

1,976

1,953

2,490

1,751

2,178

-

2,536

-

Amortization of debt discount

-

2,290

3,561

0

-

-

-

-

-

-

Amortization of right-of-use assets

82

-

-

-

-

-

-

-

-

-

Stock issued for services

-

-

-

-

1,245

1,542

-

-

75

-

Loss on warrants exchanged for common stock

-

-

980

0

-

-

-

-

-

-

Revenue share liability

-

-

-

0

-

-

-

-

-

-

Bad debt allowance

-

6

-

12

375

-

-

-

-

-

Change in fair value of Clouding earnout

-

-

-1,482

-1,832

-6,137

-

-

-

-

-

Break-up fee - issuance of shares to GBV

-

2,850

-

-

-

-

-

-

-

-

Non-controlling interest

-

-

-163

0

-

-

-

-

-

-

Deemed Series A dividend beneficial conversion

-

-

-

-

-

1,271

0

-

-

-

Income tax benefit

-

-

-

-

-

-3,177

0

-

-

-

Non-controlling interest

-

-

-

-

-

-

-

-10

-

-

Non-cash revenue

-

-

-

-

-

-

-1,700

0

-

-

Stock based compensation on warrants

-

-

-

-

-

-

-

2,723

-

-

Stock based compensation

-

-

-

-

-

-

-

1,514

-

-

Stock based compensation on common stock issuances

-

-

-

-

-

-

-

0

-

-

Common stock issued for services

-

-

-

-

-

-

-

198

-

-

Non-cash other income

-

-

-

-

-

-

6

-125

-125

-

Gain on sale of assets- securities available for sale

-

-

-

-

-

-

-

0

-

-

Realized loss - securities available for sale

-

-

-

-

-

-

-38

-112

-

-

Gain on sale of assets of discontinued operations

-

-

-

-

-

-

-168

-

-

-

Litigation liability

-

-

2,150

0

-

-

-

-

-

-

Other non-cash adjustments

-

-

-

-121

-260

-71

-6

0

-

-

Changes in operating assets and liabilities:
Accounts receivables

-

-

-88

-29

295

-110

270

0

-

-

Digital currencies

1,185

1,495

-

-

-

-

-

-

-

-

Lease liability

-72

-

-

-

-

-

-

-

-

-

Litigation liability

-

-2,150

-

-

-

-

-

-

-

-

Bonds posted with courts

-

-

-

-1,748

-

-

-

-

-

-

Bonds posted with courts

-

-

-

-

45

-

-

-

-

-

Prepaid expenses and other assets

435

371

-335

81

116

2,346

0

-

-

-

Other non current assets

-

-

-201

0

-

-

-

-

-

-

Assets of discontinued operations - current portion

-

-

-

-

-

-

82

-62

-

-

Prepaid expenses and other current assets

-

-

-

-

-

-

29

-36

-108

-3

Bonds posted with courts

-

-

-

-

-

-

0

-

-

-

Deposits

-

-

-

-

-

-

-

-

0

-

Assets of discontinued operations - long term portion

-

-

-

-

-

-

-

3

-

-

Increase in other comprehensive income

-

-

-

-

-

-

-

0

-

-

Accounts payable and accrued expenses

2

-725

-1,253

682

4,216

2,488

697

53

79

-

Net cash provided by (used in) operating activities

-

-

-

-

-2,961

-

-

-

-

-

Net cash used in operating activities

-3,318

-8,238

-10,808

10,172

-

4,455

-1,519

-1,261

-513

-34

CASH FLOWS FROM INVESTING ACTIVITIES
Sale of digital currencies

1,220

1,342

-

-

-

-

-

-

-

-

Acquisition of patents

-

250

-

3,681

-

7,816

-

-

-

-

Acquisition of mineral rights

-

-

-

-

-

-

-

-325

325

-

Acquisition of patents

-

-

-

-

-

-

-3,150

-500

-

-

Acquisition of real estate property

-

-

-

-

-

-

-

-1,366

-

-

Acquisition of CyberFone

-

-

-

-

-

-

-1,000

0

-

-

Note receivable - related party

-

-

-

-

-

-

-

-147

-

-

Collection on note receivable - related party

-

-

-

-

-

-

-

147

-

-

Purchase of property and equipment

5

5,251

7

8

58

52

-17

0

-

-

Proceeds received from the sale of marketable securities

-

-

-

-

-

-

129

0

-

-

Sale of real estate property (discontinued operations)

-

-

-

-

-

-

1,052

576

-

-

Capitalized cost related to improvements of real estate property (discontinued operations)

-

-

-

-

-

-

-16

-245

-

-

Net cash provided by (used in) investing activities

1,214

-4,158

-7

-3,689

-

-

-3,002

-1,860

-325

-

CASH FLOWS FROM FINANCING ACTIVITIES
Payable in connection with the acquisition of TLI

-

-

-

-

-

-

0

-

-

-

Proceeds from the issuance of a note in connection with acquisition of patents

-

-

-

-

-

-

-

0

-

-

Payment on note payable

-

-

1,273

8,708

-

-

0

-930

930

-

Payment on MdR Escrow TLI

-

-

-

-

50

-50

-

-

-

-

Payment on note payable in connection with the acquisition of Medtech

-

-

-

-

-

-

0

-

-

-

Payment on note payable in connection with the acquisition of Clouding

-

-

-

-

-

-

0

-

-

-

Payment on earn-out connected to acquisition of Clouding

-

-

-

-

-

-

0

-

-

-

Issuance of convertible notes payable

-

-

-

-

-

5,550

0

-

-

-

Net cash provided by (used in) investing activities

-

-

-

-

-58

-7,869

-

-

-

-

Proceeds received on issuance of notes payable

-

-

5,488

0

19,600

-

-

-

-

-

Proceeds received from private placement

-

-

16,074

4,654

-

-

-

-

-

-

Payment in connection with the cancellation of stock and rescission agreement

-

-

-

-

-

-

-

-132

-

-

Proceeds from disgorgement of former officer short swing profits

-

-

-

-

-

-

-

50

-

-

Proceeds from advances payables

-

-

-

-

-

-

-

-

100

-

Proceeds from promissory note - related party

-

-

-

-

-

-

-

-

-

9

Proceeds from promissory note - related party

-

-

-

-

-

-

-

-

53

-

Proceeds from issuance of common stock/At-the-market offering

255

-

-

-

-

-

5,777

6,511

5,773

0

Offering costs for the issuance of common stock/At-the-market offering

10

-

-

-

-

-

-

-

-

-

Proceeds from warrant purchase

-

-

17

0

-

-

-

-

-

-

Proceeds from sale of preferred and common stock, net of issuance costs

-

-

-

-

-

6,388

-

-

-

-

Payment on assumed note payable in connection with the acquisition of Orthophoenix

-

-

-

-

-

-

500

-152

152

-

Proceeds received on exercise of warrants

-

-

141

46

18

249

-

-

-

-

Payment on note payable in connection with the acquisition of Cyberfone Systems, LLC

-

-

-

-

-

-

-500

-

-

-

Payment on note payable in connection with the acquisition of Dynamic Advances

-

-

-

-

-

-

0

0

-

-

Payment on note payable in connection with the acquisition of Sarif

-

-

-

-

-

-

0

-

-

-

Convertible notes payable

-

-

-

-

5,050

-

-

-

-

-

Payments on notes payable, net

-

-

-

-

181

-

-

-

-

-

Net cash provided (used in) by financing activities

-

-

-

-

508

4,888

-

-

-

-

Cash received upon exercise of warrant

-

-

-

-

-

-

0

-

-

-

Net cash provided by financing activities

245

-

20,448

-4,007

-

-

5,777

5,346

4,844

9

Effect of foreign exchange rate changes

-

0

-

-

-

-

-

-

-

-

Effect of foreign exchange rate changes

-

-

317

-31

-16

-1

-

-

-

-

Net decrease in cash and cash equivalents

-1,858

-12,397

-

-

-

-

-

-

-

-

Net decrease in cash and cash equivalents

-

-

9,950

2,443

-

-

-

-

-

-

Net decrease in cash

-

-

-

-

-2,527

1,472

1,256

2,225

4,006

-24

SUPPLEMENTAL CASH FLOW INFORMATION
Cash paid for interest expense

-

-

1,543

1,917

-

-

-

-

-

-

Interest expense

-

-

-

-

1,982

280

1

0

0

0

Cash paid during the year for income taxes

-

-

5

43

168

39

0

0

0

0

Cash paid for: Loan fees

-

-

-

-

400

1,050

-

-

-

-

Supplemental schedule of non-cash investing and financing activities:
Par value adjustment due to reverse split

0

-

-

-

-

-

-

-

-

-

Issuance of Series D Preferred Stock

-

-

678

0

-

-

-

-

-

-

Conversion of Series B Preferred Stock to common stock

-

-

0

-

-

-

-

-

-

-

Conversion of Series D Preferred Stock to common stock

-

-

0

-

-

-

-

-

-

-

Conversion of Series E Preferred Stock to common stock

-

0

-

-

-

-

-

-

-

-

Conversion of Series B Preferred Stock

-

-

-

0

-

-

-

-

-

-

Conversion of Series D Preferred Stock

-

-

-

0

-

-

-

-

-

-

Warrants converted to Series E preferred stock

-

-

21,525

0

-

-

-

-

-

-

Warrants reclassed to equity

-

-

18

-

-

-

-

-

-

-

Common stock issued for acquisition of patents

-

960

-

-

-

-

-

-

-

-

Common stock issued for purchase of assets

3,064

-

-

-

-

-

-

-

-

-

Common stock issued for note conversion

-

3,055

1,549

0

-

-

-

-

-

-

Common stock issued for note conversion

-

-

-

0

-

-

-

-

-

-

Restricted stock issuance

0

0

0

0

-

-

-

-

-

-

Mining servers payable

1,021

-

-

-

-

-

-

-

-

-

Discount of note payable

-

-

-

0

-

-

-

-

-

-

Beneficial conversion feature

-

-

4,017

0

-

-

-

-

-

-

Common stock issued for account payable

-

-

331

0

-

-

-

-

-

-

Common stock issued in conjunction with note payable

-

-

-

-

1,000

-

-

-

-

-

Warrant issued in conjunction with note payable

-

-

-

-

318

-

-

-

-

-

Revenue share liability incurred in conjunction with note payable

-

-

-

-

1,000

-

-

-

-

-

Warrants exercised into common shares

-

55

-

-

-

-

-

-

-

-

Common stock issued in conjunction with debt extinguishment

-

-

-

-

-654

-

-

-

-

-

Conversion from AP to NP

-

-

-

-

705

-

-

-

-

-

Common stock issued in connection with the acquisition of Clouding Corp

-

-

-

-

-

281

-

-

-

-

Issuance of common stock for advances payable

-

-

-

-

-

-

-

100

-

-

Issuance of a note payable to a related party in connection with the purchase of mining rights

-

-

-

-

-

-

-

-

99

-

Issuance of common stock in connection with an option agreement

-

-

-

-

-

-

-

-

1

-

Issuance of common stock for advances payable

-

-

-

-

-

-

-

-

100

-

Assumption of prepaid assets upon exercise of option agreement

-

-

-

-

-

-

-

43

-

-

Assumption of accounts payable upon exercise of option agreement

-

-

-

-

-

-

-

30

-

-

Issuance of a note payable in connection with an option agreement

-

-

-

-

-

-

-

930

1,000

-

Issuance of common stock in connection with an option agreement

-

-

-

-

-

-

-

1

-

-

Common stock issued in connection with the acquisition of Clouding Corp.

-

-

-

-

-

-

2,280

0

-

-

Earn-out liability in connection with the acquisition of Clouding Corp.

-

-

-

-

-

9,452

-

-

-

-

Common stock granted in connection with the acquisition of TLI Communications, LLC

-

-

-

-

-

817

-

-

-

-

Common stock issued in connection with the acquisition of Clouding Corp

-

-

-

-

-

-

718

-

-

-

Earn-out liability in connection with the acquisition of Clouding Corp

-

-

-

-

-

-

0

-

-

-

Common stock granted in connection with the acquisition of TLI Communications, LLC

-

-

-

-

-

-

0

-

-

-

Series B Preferred stock issued in connection with the acquisition of Dynamic Advances LLC

-

-

-

-

-

1,403

0

-

-

-

Series B Convertible Preferred Stock issued in connection with the acquisition of Dynamic Advances LLC and IP Liquidity Ventures, LLC

-

-

-

-

-

2,087

-

-

-

-

Common stock issued in connection with the acquisition of Selene Communication Technologies, LLC

-

-

-

-

-

980

-

-

-

-

Value of warrants pertaining to equity issuance

-

-

-

-

-

11

-

-

-

-

Series B Preferred Stock issued in connection with the acquisition of Dynamic Advances LLC and IP Liquidity Ventures, LLC

-

-

-

-

-

-

0

-

-

-

Common stock issued in connection with the acquisition of Selene Communication Technologies

-

-

-

-

-

-

0

-

-

-

Value of warrants pertaining to equity issuance

-

-

-

-

-

-

0

-

-

-

Value of warrants pertaining to convertible debt issuance

-

-

-

-

-

146

0

-

-

-

Notes payable in connection with the acquisition of IP Liquidity Ventures LLC, Dynamic Advances LLC, Selene Communications Technologies LLC, Clouding Corp, and Medtech Companies

-

-

-

-

-

14,000

-

-

-

-

Issuance of common stock for prepaid services

-

-

-

-

-

-298

-

-

-

-

Notes payable issued in connection with the acquisition of IP Liquidity Ventures, LLC, Dynamic Advances, LLC, Selene Communication Technologies, LLC, Clouding Corp, and Medtech Companies

-

-

-

-

-

-

0

-

-

-

Selene Communication Technologies, LLC, Clouding Corp, and Medtech Companies

-

-

-

-

-

-

0

-

-

-

Issuance of common stock issued for prepaid services

-

-

-

-

-

-

441

-

-

-

Series B Preferred Stock issued for services

-

-

-

-

-

-

0

-

-

-

Acquisition of patents in connection with a non-cash settlement

-

-

-

-

-

-

1,700

-

-

-

Note payable issuance in conjunction with the acquisition of patent

-

-

-

2,717

-

-

-

-

-

-